PART 2Subsidy control requirements
CHAPTER 3Transparency
34Information to be included in the subsidy database
1
The Secretary of State may by regulations make provision about the information that must be included in a public authority’s entry in the subsidy database in relation to a subsidy or subsidy scheme.
2
The regulations may, in particular, require a public authority’s entry to include—
a
the power under which the subsidy is given;
b
the policy objective of the subsidy or scheme;
c
the name of the beneficiary to which the subsidy is given;
d
the date the public authority confirms the decision to give the subsidy or make the scheme;
e
the duration of the subsidy or scheme;
f
any time limits or other conditions attached to the use of the subsidy or scheme;
g
the amount of the subsidy or scheme or the amount budgeted for the subsidy or scheme;
h
the location of any of the information mentioned in paragraphs (a) to (g) and subsection (3);
i
the location of any other publicly available information relating to the subsidy or scheme.
3
In relation to subsidy schemes, the regulations may require a public authority’s entry to include—
a
the categories of beneficiary eligible to receive subsidies under the scheme;
b
the terms and conditions for subsidy eligibility;
c
the basis for the calculation of the subsidy including any relevant conditions relating to subsidy ratios.
4
Regulations under this section are subject to the negative procedure.